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Australian (ASX) Food and Staples Retail Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies4
  • 7D1.2%
  • 3M6.7%
  • 1Y12.6%
  • YTD18.4%

In the last week, the Food and Staples Retail industry is flat overall, with Metcash standing out by going down 6.5%. As for the the longer term, the industry is up 12% over the past 12 months. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Australian Food and Staples Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026AU$88.5bAU$144.8bAU$2.3b23.7x39.1x0.6x
Fri, 22 May 2026AU$79.7bAU$144.8bAU$2.3b21.6x35.1x0.6x
Sun, 19 Apr 2026AU$84.2bAU$144.8bAU$2.3b22.7x37.1x0.6x
Tue, 17 Mar 2026AU$80.9bAU$144.8bAU$2.3b22.4x35.6x0.6x
Thu, 12 Feb 2026AU$78.3bAU$143.0bAU$2.8b21.5x28.5x0.5x
Sat, 10 Jan 2026AU$76.8bAU$150.3bAU$2.8b26.1x27.5x0.5x
Mon, 08 Dec 2025AU$77.2bAU$150.3bAU$2.8b27.1x27.7x0.5x
Wed, 05 Nov 2025AU$76.0bAU$150.2bAU$2.8b27x26.9x0.5x
Fri, 03 Oct 2025AU$76.0bAU$150.2bAU$2.8b28x26.9x0.5x
Sun, 31 Aug 2025AU$80.3bAU$150.2bAU$2.8b24.7x28.5x0.5x
Tue, 29 Jul 2025AU$78.2bAU$150.5bAU$3.5b23.2x22x0.5x
Thu, 26 Jun 2025AU$80.0bAU$150.5bAU$3.5b23.5x22.5x0.5x
Sat, 24 May 2025AU$80.7bAU$149.8bAU$3.5b23.9x22.9x0.5x
Mon, 21 Apr 2025AU$79.0bAU$149.1bAU$3.5b23.4x22.5x0.5x
Wed, 19 Mar 2025AU$71.3bAU$149.1bAU$3.5b21.1x20.3x0.5x
Fri, 14 Feb 2025AU$75.5bAU$147.0bAU$2.1b23x36.5x0.5x
Sun, 12 Jan 2025AU$74.5bAU$147.0bAU$2.1b22.3x36x0.5x
Tue, 10 Dec 2024AU$75.3bAU$147.0bAU$2.1b22.5x36.4x0.5x
Thu, 07 Nov 2024AU$73.5bAU$146.9bAU$2.1b20x34.9x0.5x
Sat, 05 Oct 2024AU$78.6bAU$146.9bAU$2.1b20.3x37.4x0.5x
Mon, 02 Sep 2024AU$84.0bAU$146.9bAU$2.1b19.6x39.9x0.6x
Wed, 31 Jul 2024AU$81.4bAU$142.8bAU$1.9b19.2x43.2x0.6x
Fri, 28 Jun 2024AU$79.4bAU$142.8bAU$1.9b18.9x42.1x0.6x
Sun, 26 May 2024AU$74.2bAU$142.8bAU$1.9b18x39x0.5x
Tue, 23 Apr 2024AU$75.4bAU$143.9bAU$2.1b16.9x36.7x0.5x
Thu, 21 Mar 2024AU$76.3bAU$143.9bAU$2.1b16.9x37.2x0.5x
Sat, 17 Feb 2024AU$80.5bAU$140.9bAU$3.7b18.5x21.7x0.6x
Mon, 15 Jan 2024AU$80.0bAU$140.9bAU$3.7b18.4x21.6x0.6x
Wed, 13 Dec 2023AU$80.1bAU$140.9bAU$3.7b17x21.6x0.6x
Fri, 10 Nov 2023AU$77.9bAU$141.2bAU$3.8b16.5x20.6x0.6x
Sun, 08 Oct 2023AU$81.1bAU$141.2bAU$3.8b17.8x21.5x0.6x
Tue, 05 Sep 2023AU$82.2bAU$141.2bAU$3.8b18.3x21.8x0.6x
Thu, 03 Aug 2023AU$87.5bAU$138.8bAU$4.0b19.9x22.1x0.6x
Sat, 01 Jul 2023AU$89.5bAU$138.8bAU$4.0b20.6x22.6x0.6x
Price to Earnings Ratio

22.6x


Total Market Cap: AU$89.5bTotal Earnings: AU$4.0bTotal Revenue: AU$138.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food and Staples Retail Industry Price to Earnings3Y Average 30x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Consumer Retailing industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.8x which is higher than its 3-year average PE of 30.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have declined 17% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Australian Consumer Staples industry?

AU Market-1.45%
Consumer Staples0.57%
Food and Staples Retail1.23%
Food Retail1.56%
Drug Retail0%0
Big Box Super Stores0%0
Food Distributors-6.48%
Industry PE
  • Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 33.1x.
    • Analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings decline of 18.4% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 14.0x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Food Distributors industry is expected to see its earnings grow by 3.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WOW Woolworths GroupAU$38.741.3%
+AU$586.3m		22.8%PE79.1x
COL Coles GroupAU$23.861.8%
+AU$575.5m		11.8%PE31.5x
EDV Endeavour GroupAU$3.312.5%
+AU$143.7m		-17.7%PE15.8x

Latest News

MTS
AU$3.03
Metcash
7D
-6.5%
1Y
-22.7%
COL
AU$23.86
Coles Group
7D
1.8%
1Y
11.8%
EDV
AU$3.31
Endeavour Group
7D
2.5%
1Y
-17.7%
Narrative Update • Jun 19

EDV: Transformation Plan And Asset Exit Will Support Future Share Price Upside

Analysts have nudged their fair value estimate for Endeavour Group to A$4.74 from A$4.68, reflecting updated assumptions for revenue growth, profit margins, discount rate, and future P/E, even as some recent research has introduced a more cautious stance on the stock. What's in the News for Endeavour Group Endeavour Group shares moved 5.39% higher after the company announced a new three year transformation plan.
WOW
AU$38.74
Woolworths Group
7D
1.3%
1Y
22.8%
Narrative Update • Jun 12

WOW: Cost Cuts And Modest Model Tweaks Will Shape A Steady Outlook

Analysts have made a small upward adjustment to Woolworths Group's fair value estimate, with the price target moving from A$34.80 to A$34.84 as they refresh inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Woolworths Group plans to offshore hundreds of corporate roles as part of a new cost-cutting program, according to recent news reports (source: recent news stories).